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1562 El Camino Real - Potential Redevelopment 0.46 Acres of Residential Land in San Carlos, CA 94070
INVESTMENT HIGHLIGHTS
- Currently built out as an upscale suburban hotel with 32 parking spaces.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.46 AC |
| Property Type | Land | ||
| Zoning | MU-SB-120 - Mixed-use South Boulevard | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.46 AC |
| Zoning | MU-SB-120 - Mixed-use South Boulevard |
1 LOT AVAILABLE
Lot
| Lot Size | 0.46 AC |
| Lot Size | 0.46 AC |
Prime value add investment or residential re-development with seller allowing time for entitlements. San Carlos Housing element update in place with new 120 dwelling units/acre density and 75' height and 3.0 FAR
DESCRIPTION
1562 El Camino is an ±18,858 SF hotel with close proximity to San Francisco and San Jose. This two-story upscale suburban hotel is nearby downtown San Carlos and its many local amenities. 1562 El Camino Real is a 32 room boutique hotel favorably located 30 minutes south of San Francisco and 30 minutes north of San Jose making it an ideal location for all types of uses; hotel, multi-family development, and potentially, an office redevelopment. Its proximity to downtown San Carlos and its abundant restaurant and retail scene make 1562 El Camino Real steps to amenities.
PROPERTY TAXES
| Parcel Number | 051-368-040 | Improvements Assessment | $2,030,435 CAD |
| Land Assessment | $1,319,058 CAD | Total Assessment | $3,349,493 CAD |
PROPERTY TAXES
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1562 El Camino Real - Potential Redevelopment
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